BA 323 EXAM 1 | ALL QUESTIONS AND CORRECT
ANSWERS | GRADED A+ | NEWEST VERSION |
VERIFIED ANSWERS
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Terms in this set (57)
The future value of $250,000 $289,406.25
received today and deposited for
three years at 5% interest
compounded annually is
The future value of $2800 received $3,646.33
today and deposited for three years
in an account pays semiannual
interest of 9% is
The present value of $500,000 to be $333,171.11
received six years from today
assuming an opportunity cost of 7% is
, The present value of $330,000 to be $221,572
received for years from today
assuming a 10% interest rate
compounded monthly is
You plan on funding your IRA with a $372,287
maximum contribution of $6500 at
the end of each year for the next 20
years. If you can earn 10% on your
contributions, how much will you
have at the end of the 20th year?
The future value of ordinary annuity $62,130
of $3100 each year for 12 years at 8%
interest compounded monthly is
The present value of an annuity due $2321.85
at $520 per year starting today for
five years, assuming a discount rate of
6% is
What is the present value of a $12,000
perpetuity of $600 per year if the
discount rate is 5%?
ANSWERS | GRADED A+ | NEWEST VERSION |
VERIFIED ANSWERS
Play your way to mastery with fun games
Match Blocks Charms NEW
Terms in this set (57)
The future value of $250,000 $289,406.25
received today and deposited for
three years at 5% interest
compounded annually is
The future value of $2800 received $3,646.33
today and deposited for three years
in an account pays semiannual
interest of 9% is
The present value of $500,000 to be $333,171.11
received six years from today
assuming an opportunity cost of 7% is
, The present value of $330,000 to be $221,572
received for years from today
assuming a 10% interest rate
compounded monthly is
You plan on funding your IRA with a $372,287
maximum contribution of $6500 at
the end of each year for the next 20
years. If you can earn 10% on your
contributions, how much will you
have at the end of the 20th year?
The future value of ordinary annuity $62,130
of $3100 each year for 12 years at 8%
interest compounded monthly is
The present value of an annuity due $2321.85
at $520 per year starting today for
five years, assuming a discount rate of
6% is
What is the present value of a $12,000
perpetuity of $600 per year if the
discount rate is 5%?
